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democratic strategist-- okay. steve, i go to you because i read the white house reaction to this, and really all they talked about was raising the top tax rates. they had no other things to say, no commendations, no i want to work with you. steve, i know this stuff is not going to be perfect. there's going to be stuff in here that conservatives, supply siders myself won't like. but why does the white house have to obsess about higher tax rates to the exclusion of other parts like entitlement reform and spending cuts? why is this? >> larry, i don't think they are obsessed with higher tax rates they are obsessed with protecting the middle class. john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay mor
, i am pam cook. >> let's check weather and traffic, steve is right there, should we leave the house with an umbrella? >> yes. this is a much weaker system, so let's make sure we know that first and foremost. it is mainly a cloudy day, we have to wait for the rain to get here and that will not be anything compared to what we had over the weekend and we will talk more about those totals, here is tara. >>> we are looking at highway 4 and traffic is moving nicely through orinda. this is the oakland coliseum, 880, no delays to report, let's head back to the desk. >>> muni underground service is starting back up again after last night's electrical meltdown which shut everything underground. you must got brand-new information, so what is the news. >> reporter: well dave i just got off the phone with the spokesperson and he said crews work overnight until 1:30 this morning and they were able to fix this power outage problem and is your way trains will be running as scheduled. they had some plans in place but those are no longer in place and this is all as a result of the power outage at the
's steve sedgwick. good morning. >> very good morning. this is really good news. we expected something along the lines. for so long now americans have not been replacing their cars. the average age of an automobile in the united states is 11 years old. the old is 20% or somewhere in the region of 16 years old. the replacement cycle seems to have started. that led to great news in november topping 15.5 million car sales in the month of november it was 1.14 million cars sold. a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies listed very often they performed really badly amid accounting issues as well. the sec taking aim at the accountants. >> all
to see america's favorite nerd is back at the table. welcome, steve. i hope you feel better. >> that's nice about you. >> i wasn't talking about myself. 1823, silent films star harold lloyd gave us a thrilling moment in american history. here it is. ♪ >> there was no computer generated special effects back then. that was a literal cliff-hanger, and 90 years later it keeps you on the edge of your seat. the literal cliff-hanger is what we have in congress right now. there's little to no doubt we'll avoid doomsday, but for a while we hang over the aabyss in a daredevil stunt of our own making. this makes americans believe congress is a bunch of big, fat liars. when it comes to honesty, congress ranked so low they're second to used car salesmen. it's a fee even harold lloyd wouldn't attempt to pull off in exchange for an over climactic conclusion. today we debay tut the wheel of fortune style. we use it to determine how to refer to the debate. cliff, slope, fiesta or follies. today we go to fiscal fiesta. are you ready for this fiesta party? >> i'm thrilled and very excited, yes. i wis
steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattner. >> washington is the place. with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red sox looking at josh hamilton? >> i think any team that's looking at hamilton is looking at no longer than three years with him because of the things you just mentioned. >> he, of course, had an ad
: how long have you been doing it? >> since about september. >> steve: very good. we're about to leave, folks. we've got 19 seconds. let's all do a little gangam dancing, all right? >> there you go. sounds good. >> steve: music up, please. ♪ a for effort. good morning, everybody. fox news alert. 7.3 magnitude quake hitting off japan in an area that does not neat incidents like these. new video buildings swaying and sirens wailing and men and women, children running for higher ground. a reminder of the massive quake and deadly tsunami hit the same area just about a year and a half ago. we'll drill down on that. good morning as we follow up as the earth started to shake earlier today. i'm bill hemmer. welcome to friday. martha: good morning everybody. i'm martha maccallum. last year's tsunami killed and left missing some 19,000 people. as you remember those unbelievable images we saw of the coast which was devstated. it also damaged nuclear power plants and created one of the worst nuclear disasters we've seen in history. bill: we held onto the story for a long time. japan today has ca
constitution for that country. one that gave president mohammed morsi new powers. steve harrigan is standing by live in cairo with more. >> remarkable scene in cairo this morning outside egypt supreme constitutional court. to put it simply, the court justices could not get in their own building. the judges will suspend their work while the atmosphere of intimidation physical a mental intimidation exist. the supreme court say they cannot do the work because of the mob around their building. it was likely they would rule on the legitimacy of egypt constitutional assembly. that body pushed through the constitution, the draft on friday. they go for a national referendum, up or down vote on december 15. if the constitution goes through, egypt president morsi says the extreme powers which he declared that he possessed would be void and it would go to normal here in egypt. richard morrison himself has strong public support. we have 200,000 people. mainly members of the muslim brotherhood who support the president come out on the street to show support. loud and emotional way. >> shannon: steve harr
house is saying it's out of context but not specifically how out of context. bring in the panel. steve hayes for "weekly standard." kirsten powers for daily beast. syndicated columnist, charles krauthammer. charles? >> look, i love when the president says we need conceptual break through. meaning the republicans have to accept a hike in rates. what he means is a political surrender. because there is no economic reason why you cannot raise the money he wants raised. by doing it through eliminating deductions, inclusions and credit. number one as we saw he, himself, said so. a year-and-a-half ago. secondly, the same debt reduction commission he appointed and then ignored. spoke about raising much more through eliminating deductions and loopholes. and credits. broadening the base. at the same time, lowering the rates. that is the economic ideal. everybody understands it's what happened in '86 in the tax reform. it's what was recommended in the debt reduction commission. in their three scenarios in one of them, they eliminate so many deductions that they would lower upper rates to 23% and
former treasury official and "morning joe" economic analyst, steve rattner. >> financier. >> rattner is here. i like -- and we have to go back to that. it's the truth. >> it is! >> money is money. >> in washington, msnbc and "time" senior political analyst, mark halperin. >> we saw him on the streets of d.c. yesterday, and he was very cagey. >> the mean streets of d.c. >> yes. he was so cagey. >> he was. >> yes. yes. >> you can't ever ask those guys what they're doing, wherever they are. where you going? with who? a meeting. >> auditioning for a gang is what i'm doing. >> right. >> yes, exactly. lots of luck with that one. >> should we get to the news? >> fantastic. boy, there's some stories here, unbelievable. >> in the least. >> you talk about libya. i tell you what, you've got assad about to cross that red line. he's going to see russia leaving quick. i think you'll see even troops going in there if he starts using chemical weapons against his own people. about to cross the line. egypt, morsi in trouble. the biggest revolt since mubarak was pushed out of power. "the new york times
wondering who is going to be the next treasury secretary. joining me steve rattner, wall street finance year, former head of president obama's auto task force. thanks for joining us, steve. first of all, what about the scenario that oh let's just let them go over the cliff and won't matter and the markets will view it as a nonevent. what do you think some. >> certainly going to matter. there's no question it's going to matter. it's going to matter to the markets. we don't know how much. this is an unprecedented situation, at least in my lifetime. we've had crises and debt ceilings and all that, but going over a cliff like this is a new one. the markets would be volatile, extremely -- a lot of downward pressure on them. and then the question would be how do businesses and consumers behave and quickly do they pull back? everyone knows the immediate impact from the government coming back and spending wouldn't be that great. the question then is how do businesses and consumers react? i don't think it will be a pretty sight. >> what about the debt ceiling? there was a suggestion? geithner's openi
, northbound towards santa clara, looking pretty bad. give yourself extra time. let's check in with steve. >>> tara, thank you. there's definitely some breaks in the clouds. jive seen gusts to 25 miles per hour. i dent think this -- i've seen gusts to 25 miles per hour. i don't think this -- this breeze can helpster things up a little bit. still some low clouds around. i'm seeing breaks in the clouds for san jose. kind of a cooler pattern with the northwest wind. mostly sunny, though, today, no rain except we're done for a while. in fact, as the pattern changes here, even the higher clouds will stay to the north as everything starts to build offshore. independent self -- instead of 58, 59. everything staying north for now. the breeze should turn more northerly as we head towards friday night and saturday. so fog, sun, breezy. that west to northwest wind out there. not outrageous. but it's showing itself. we'll take that right into your weekend as well. that could be pockets of fog, thick fog. but for the weekend, it looks sun? dry and temperatures are on the mild side. >>> a couple in mor
, and rachel grady will be joining us. steve satich, ohio congressman, steve latourette, and ambassador nick burns are our guests this morning. it's thursday, december 6th, and "starting point" begins right now. >>> welcome, everybody. our starting point this morning, some major developments to tell you about in egypt, after angry protests against political moves by the president, mohamed morsi, have turned deadly. tanks, armored personnel vehicles, all stationed outside the presidential analysis cairo. not only are they guarding the palace, they're also keeping apart supporters and opponents of morsi. hundreds of his islamist supporters already taking to the streets in cairo this morning. opponents are gathering not very far away. last night the two sides clashed right outside the palace. the violence killed at least five people. hundreds of other people were injured. opponents are demanding that morsi dial back on those sweeping powers that he has granted himself. cnn's reza sayah is live for us in cairo this morning. what's the latest? >> reporter: soledad, we're getting the first signs t
they are not going anywhere unless and until the president cancels his plans to place himself above the law. steve hair tan live for news cairo. steve? >> shepard, this is really a new tactic for the opposition protesters. instead of simply staying here in tahrir square and chanting they went on offensive tonight toward the presidential palace. they got right to the compound walls until being tear gassed. it was reenergized the opposition. we have seen increase in recent days now they are out in full force. one factor to keep in mind about the demonstrations today, there were no serious injuries reported. despite the scenes of chaos, both sides evidently still using some restraint. next on the agenda of vote december 15th on a constitution heavily criticized as a rush job that favors islamist parties. it's clear the muslim brotherhood will try and get out a strong yes vote on that constitution. what's not clear is the opposition's tactics. will they try to get out a no vote or will they abstain considering the whole process unjust? shepard, back to you? >> steve harrigan live tonight in cairo. the
be good. another movie premiering at the festival is the steve jobs biopick star ashton kutcher. that wouldn't have been my first choice. some are uneasy about him playing the ceo. at least he looks the part. that's kind of what he looks like anyway. >> remember, steve jobs at the end when he was younger was completely -- >> not the 70s look. >>> this is what happens when a tv news team mistakes a tv set for real life. >> all right. let's go back to that picture from sky cam 9. again, a small plane crash. >> we are just getting word that this is being shot as part of a tv show. >> are you kidding me? they might want to tell the news folks when they're doing this. are you kidding me? >> are you kidding me? i love it with the little chicago accent. >> you have to tell the news folks before stuff like that happens. >> yeah. note to control room. please never do that to us. >> you already look bad lynn. >> stay tuned, "way too early" starts right now. >>> the obstacle here continues to be with all the hold out hope that we can somehow go through this process and still deliver tax cu
. one of the things that steve has worked on a great deal, and i do not want to take away his thunder, a look at how americans will stay competitive -- if we look at how america will stay competitive -- i hear your phone -- [laughter] the question of whether or not a merkel be able to compete, whether we will be able to make investments, are we -- are we going to be able to have the kind of innovation that creates jobs? north of 80% of the net new jobs made in america in the last 20 years have come from start-ups. where had the talent come from? disproportionately from a first generation americans. we are very lucky particularly in northern virginia, which rivals only the silicon valley in terms of the number of tech- related startups, you look a little deeper, and a 1 1/3 of the tech startups in northern virginia had one of the co- founders or founders as a first generation american. the numbers in the valley are even higher. how do we maintain that? one is talent. i will come back to that in a moment. another piece of this which we think is very complementary and something that stev
today, and what is next is the big question. steve harrigan is streaming live from cairo with more. steve. >> reporter: we are ten days away from a admonition thal vote, a vote on the new draft constitution. we are seeing both sides really jocking for position and trying to demonstrate what power they have by the numbers of people they can bring out into the streets. yesterday for the first time last night we saw the opposition protestors, people who want to drive president morsi from office really go on the offensive. they marched through the presidential palace. they broke through steel gates and barbed wire, they painted graffiti on the walls of the compound. they did not try to over take those walls go into the compound itself where of course there are heavily armed guards. police continued to retreat throughout the demonstration last night and even though it seemed like there was chaos on the streets there were no reports of any serious injuries during that process, so both sides still showing some restraint. the latest reports from the scene say large-scale protests from supp
? >> steve, your question -- >> i'm and freeload, by the way. >> that by the way is how the chinese would describe any relationship between japan and america. the interesting aspect of all these conflicts is that as india and china and india and china have a proximate geographically, but we've never been neighbors. >> right. >> in order to be neighbors you either have to love each other or hate each other. we have done neither. in fact, in 1962 during the first strategic conflict, between these two, you have to understand, it's hard to understand why we are not neighbors. [inaudible] in terms of inaccessible. but the positions, the lines, the strategies, the lines, what would they resonate to? the positions that are taken by postcolonial nations is that we will not be bound by decisions made by colonial powers. one, or in china's case, that we had to abandon our national positions. and now that we are strong, we need to resurrect them. right or wrong is not, that is very little to do with national positions. now, the words that were there in the title of today's discussion, confusion, i c
the news wires. what we heard earlier from steve harrigan there is a situation developing outside the presidential palace. what the news wires are telling us is that some of the protestors that are protesting president mor morsi have broken through the police lines near the presidential palace and they are being met by teargas and opposition from the police. why the situation is one that we are continuing to watch so closely is whether or not the people in the streets, the demonstrations reach a level of violence, because the big question for the egyptian government is what is next here? if the people continue to protest the constitution put in place by the president, that may or may not be ratified in a few weeks, what is next for this country? so we'll continue to watch the developments out of cairo, egypt today, bring you updates as we get them. jon: the blue angels navy stunt flying seem seems to be channeling santa claus you might say using one of its cargo planes to fly donated toys out to the many families still reeling from the devastation of super storm sandy. jonathan se
and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm against any tax increase. they could give the speaker a hard time if he tries to pass the kind of legislation corker was talking about there. >> and how are the democrats reacting to accept the higher tax rates? >> reporter: they
: steve jobs told president obama that those jobs were not coming back. charles: somehow the administration going after profit, you know, whatever it is, you wanted or public opinion, now if you do not start to do this stuff, we will go out and take it. caterpillar is one company to watch. their ceo has been on top of this. he has been very defensive about the fact they are still creating jobs here and abroad. apple, by the way, 60% of business outside of this country. dagen: it is not just about price, it is about scalability and adaptability of the workforces in this nation. charles: there is no dow about it. natural gas gives us an amazing advantage. wages have gone up dramatically in china. we will benefit from that as well. be careful what you ask for. do we really want a whole bunch of four dollars jobs in america, the answer is, no. connell: thank you, charles. great stuff, as always. the irs wants back taxes from amazon. dagen: no shame. one of the most popular places to do your holiday shopping. that is exactly the video we picked that we are going to tell you ab
demanding he give up those near absolute powers. and steve harrigan is live for us in cairo. steve, these are the biggest crowds we have seen yet. >>reporter: the largest crowds and the most violent. it has calmed down in the last hour at 10:00 p.m. in egypt but the worst clashes in two weeks of protests here. it wasn't police versus the protester but civilian on civilian, members of the muslim brotherhood who support president morsi and those who want to drive him from office and all the conflict happening outside the presidential palace that began with pushing and sticks and rocks and molotov cocktails and shots fired. showing how bitterly the country is divided. >>trace: what do we know what is behind the violence? >>reporter: the first two weeks, antimorsi protesters met in that sure square and now they are marching on the palace. there has been a lost restraint on of the pro morsi supporters which restrain was broken after the man on the palace where the wall were written on with graffiti. they moved in with sticks, rocks and later gun battles in exactly what followed after th
constitution which could help present big power pull. steve harrigan live with us tonight. >> these are some the worse clashes we have seen in two weeks of protesting. they began with pushing and shoving. some protesters tearing up the tents from the other side. from there it went from rocks and sticks and then gasoline bombs hurled and then even some gunfire. at least 200 people wounded. as many as two dead. really for the first time these two sides coming together in the same place. they tried to stay away from each other. protests on different days now openly clashing in right in front of the presidential palace, harris. >> harris: you said it yourself. we have been watching a couple weeks since that power grab which is supposed toen temporary. what makes tonight different? >> they tried to marchionne different days and in different places. usually we have seen the demonstrators clash with the police. this is different now. the protesters taking matters into their own hands. this is civilians fighting civilians. it's all happening right in front of the presidential palace and the police c
teresa sullivan and steve case, the founder of aol. >> we have instructed the panel is not to say hello to friends and family, so i will do it for them. hi, mom, i kids. tonight's keynote concludes a series of discussions about the problems, prospects, and policies are running high skilled immigration policy in the u.s. this morning at the miller center washington d.c. office, we have brought to the panelists from law, economics, and the private sector to debate and deliberate about a range of topics related to high skilled immigration. our discussion was framed by which isng at s.aessay, available on the miller center web site. our first session this morning, they compared the united states h1b policy to the blue card initiative and the european union. gary friedman focused on the public's underlying immigration policy and concluded that immigration policy in the u.s. is reasonable and rational, given the structure of the u.s.'s interest group-based system of political expression. susan marcum of georgetown university's institute for international emigration argued, and many agreed, th
your crystal balls and tell us, the next 12 months, what will happen on this issue? steve? >> i am cautiously optimistic. six months ago, it passed with broad bipartisan support. with they came together on that legislation because it was important to provide sbrures with capital even though they said nothing could get done, something did get done. the good news people recognize the issue is important and there is a general agreement on the solution around high skilled immigration. the problem is is the politics and the economy and jobs have been prumped by the politics of immigration. i think there are four paths. one could be the pass the senate not be taken up in the senate. there is a lottery that would flult raising the overall level of immigration. if there was an agreement to include that that bill could be passed. a second option which is what the president has ind indicated he favors is to link high skilled immigration with the dream act. so it is a broader solution around immigration. the third would be to say this deals with the 50,000, this deals with a million five. the
>> steve: thanks very much for joining us on this thursday. tomorrow, friday, that means geraldo rivera drops by. >> gretchen: he will. and we're going to have more with the cast from "a christmas story" in our after the show show. we can hardly wait. >> brian: you just finding this out for the first time? >> steve: who needs broadway when you got fox friends friends. see you tomorrow, everybody. bill: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these canni
, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for the government to get lined up, to get rid of the debt and deficit. >> we've dug ourselves into a deep hole. when i came to washington we talked about the budget, deficit in the billions, now in the trillions of dollars. part of the problem is the numbers are large but it's a million, million dollars. the debt is $6 trillion and we're borrowing $1.1 trillion a year. the problem the president faces, ev
. feels like membership. >>> good morning from new york. i'm steve in for chris hayes who will appear later in the program interviewing dan savage. it's about dan's marriage in washington state. they are one of the couples getting married there. after voters extended marriage rights to same-sex couples by popular vote last month. we have david johnston, the author of "fine print." he's a pulitzer prize winning tax writer at new york times and now at the college of law. we have the president and ceo of the center of american progress who served in the obama and clinton administrations, policy director of hillary clinton's campaign. laura flanders, founder of grittv.com. the editor of salon.com and the woman who hired me two years ago. thanks, as always for that. >> of course. >> anyway, on friday afternoon, house speaker john boehner attempted to paint a picture of white house negotiations and how to avoid going over the fiscal curve. i have been saying fiscal slope. now on the show, i'll go with curve. >> this isn't a progress report because there's no progress to report. four days ag
of steve jobs. tim cook is now in charge at the helm for just over a year. he opened up to nbc's brian williams in his first television interview since taking over as the ceo and revealed a big change coming to apple. >> why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america and not only are the engines here made in america, but engines are made in america and exported. the glass on this phone is made in kentucky. and so we've been working for years on doing more and more in the united states. next year, we will do one of our existing mac lines in the united states. >> let's say our constitution was a little different and president obama called you in tomorrow and said get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> honestly, it's not so much about price, it's about the skills et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily p
-traveled resident of the state. >> hi. i'm rick steves. >> reporter: rick steves for 20 years hosted a popular public travel show was prominent among those campaigning for legal marijuana. >> i spent a third of my adult life in europe hanging out with people who think it's wacky to be locking up people for smoking pot. >> reporter: in a show from amsterdam, steves gave a preview of what could soon be coming to cities and towns in washington. >> throughout the netherlands, bars selling marijuana are called coffee shops. amsterdam alone has over 300. >> reporter: he says america should not fear. >> consumption is not going to go up a lot. by every statistic, our government and the dutch government, americans smoke more pot than the dutch, and the dutch have the most liberal laws on pot in all of europe. >> reporter: seattle's city attorney peter holmes also pushed for the new law. >> all we've done is achieve by prohibition is fill our jails and make drug dealers quite rich. >> reporter: he says legal marijuana even with high taxes will be cheaper than illegal marijuana. >> want to put the drug
with former obama economic at visor steve rattner. >> there has to be a compromise, $16 trillion deficit, you're not going to solve all that with tax increases or discretionary cuts. we can talk about how we do it -- >> get specific, steve, because when you start talking about fixing the entitlement program, we're clear, social security is off the table. >> we're not clear. no. >> no. what secretary geithner has said on a separate process. >> eric, we've talked to some degree about the back and forth within the republican party on this deal but haven't spent as much time on what's happening on the left in terms of what the democrats will stomach in terms of entitlement reform if any at all. do you think there is a wing of the party that believes that this process can happen without reform on entitlements? >> no. i don't think anybody who's seriously in the game thinks that. i think the question is, how much do you have to give up, is it reasonable? what are you getting in return as michael said on the other side in terms of tax revenues. so, you know, i think there is a consensus that there h
, come from two billionaire-backed nonprofits. >> jennifer:66%. >> steve schwartzman steve bechtel. these are guys worth billions that don't want to pay a penny more in taxes and they have the money to help retaliate against republicans who break the pledge. historically, they have funded primary challenges, ads to push the republicans to the far right on this issue. >> jennifer: okay so americans for tax reform has a pac and that's what they give to. those two billionaires. >> trade association technically but it operates as a pac because they buy ads and do a lot of the electioneering stuff that a pac would do. >> jennifer: while he's raising money from his allies, from these two donors and others, i'm sure. 66% tells you. he's also essentially lobbying for tax breaks for entities like general electric. >> that's right. you know, everyone talks about the first part of the norquist pledge, not to raise the tax rates but the second half of it is basically a promise not to cut tax credits which as you know, m
sources of stimulus for this economy in the near ferm? >> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this is just around the corner, and it's going to destroy the economy and inflation has not ticked up. it's been low for the past few years. you say maybe a little inflation wouldn't be bad for the economy right here. kind of a counterintuitive argument to make. can you lay that case out a little bit? >> yeah. the big concern when you have a heavily indekted economy here in the united states and around the developed world the last thing you want is deflation, because that means the debt burdens get heavier and it becomes harder to pay them off. what you want esse
with word that they are expecting. >> lots to talk about this morning. republican senator ron johnson, steve smith, to talk about that carbon monoxide leak that sent dozens of kids off to the hospital. and pat houston, whitney houston's sister-in-law and manager will join us to talk about a new book tuesday, december 4th. "starting point" begins right now. >>> good morning. welcome, everybody. ron brownstein joins us this morning, cnn senior political analyst. editor for national journal. bob shrum, and will cain. zoraida is sticking around with us as well from "early start." our "starting point" really is about the frustration and more finger pointing now about this fiscal cliff. 28 days remain before drastic tax hikes and spending cuts take effect. republicans are offering a plan that calls for $2.2 trillion in deficit savings over the next decade, including $800 billion in tax reforms, $600 billion from medicare reforms and $6 billion in spending cuts. the white house said no go to this. why so fast? >> reporter: very quickly because they want republicans to capitulate on increasing tax r
of steve jobs will debut at next month ice sundance film festival. and ashton kutcher plays the apple co-founder from his teens to his 40s. it's the first of several of bio pics about jobs under production. you can see for yourself how closely kutcher resembles jobs. not too bad at all. did a good job with that. >>> and when we come back, london calling, again. we're going to go back across the pond for a live report on kate's royal baby news. >>> and then, first lady. secretary of state. or perhaps, mayor? does new york's michael bloomberg want hillary clinton to take his job? . [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat-rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them online, too. nice. between those boxes and this place, i'm totally staying sane this year. do i smell snickerdoodles? maybe. [ timer dings ] gotta go. [ male announcer ] priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. johan comes in a porcelain
what it looks like in southern california. >> reporter: los angeles contractor steve andolin routinely has five or six houses under construction before the crash. the recession cut that in half. what are you seeing as far as this market? >> well, definitely an improvement in sale price. prices are going up. >> reporter: he's now hiring more builders, plumbers, electricians, jobs that in l.a. pay $25 to $40 an hour. >> people were scared before and now people have a little bit more confidence and are willing to act. >> reporter: perhaps even feeling pressure to buy. elana giplable has been house hunting for more than a year. she's noticed something new, competition. >> you feel like there's definitely a high demand and if you want something you have to jump on it, otherwise you might lose it. >> reporter: in southern california, the median home price jumped more than 16% in the last year. sales up more than 25%. the biggest increase in six years. l.a. realtor ben lee says the rebound is real. >> the increase in buyer confidence is putting people back in the market. >> reporter: so liter
telethon. >> i was on stage afterwards talking to steve van zandt and max weinberg, and then all of a sudden, they were looking behind me, they moved away and stopped talking. so, i turned around. there he was. >> and there he was. >> there he was. >> and he gave you -- >> and he came up and put his hand out, so i shook his hand, i tried to be cool. >> sure. >> i wasn't. and then he said, "come on, give me a hug," and i said, all right, and i hugged him, and -- >> then did he go, come on, stop, let me go! >> no. you know, that's always hard to judge, right? stop the man hug? you know, it's hard, but -- >> did you give -- you've got to give also this, the pat, or did you just go slow dance? >> no, i went slow dance. >> you've got to be kidding me. >> i did, i went slow dance, i did. >> no pat? >> no pat, i went slow dance. but then he said the most amazing thing to me. he said, "it's official, we're friends." >> oh, wow! that's nice. that's nice. >> i appreciate that. i appreciate christie admits his bromance. that's a good thing. >> okay. >> now, it wouldn't be cooler without lin
activists on the ground say that situation is getting very ugly again. steve harrigan is live from cairo. reporter: megyn, these are some of the worst clashes that we have seen so far in the protest. in the past, it has been pleased battling the protesters. right now it is protester versus protester. those who support the government, and those who want power that are doing battle with each other. those in front of the presidential palace. again with pushing members of the muslim brotherhood, trying to tear down tents that were set up last night by anti-mohammed morsi protesters. gasoline bombs and two people have been killed. certainly the most violent thing we have seen so far. it is something that the government has tried to avoid, trying to keep the two sides apart after the anti-mohammed morsi wrote test last night. the muslim brotherhood posted on social media to clear out the protesters. so we really have one political party battling another civilian, versus civilian, right in front of the presidential palace. megyn: steve harrigan, thank you. images of the man's final moments aliv
because of the efforts of one well traveled resident of the state. >> i'm rick steves. >> reporter: who has hosted his travel television show was the proponent for legal marijuana. >> i spent my adult life in europe hanging out with people who think it's wacky to be locking up people for smoking pot. >> reporter: in a show from amsterdam, steves gave a preview of what soon could be coming to cities and towns in washington. >> throughout netherlands, bars selling marijuana are called coffee shops. they have over 300. >> reporter: he says america should not fear. >> consumption is not going to go up a lot. by every statistic, our government and dutch government americans smoke more pot than the dutch and they have the most liberal laws on pot. >> all we've achieved by prohibition is to fill our jails and to make drug dealers quite rich. >> reporter: he says legal marijuana, even with high taxes, will be cheaper than illegal marijuana. >> you want to put the drug dealers out of business? >> absolutely. >> reporter: now that marijuana is legal here in washington
for the first time? >> steve: who needs broadway when you got fox friends friends. see you tomorrow, everybody. bill: the syrian government confirming it's getting its chemical weapons ready and may use it. the assad regime prepared the nerve gas sarin and loaded it. martha: i'm martha maccallum. president obama is warning assad that the whole world is watching his actions very closely, and if he were to use chemical weapons on his own people, it would clearly have large consequences for him. bill: secretary of state hillary clinton called an emergency meeting with the pentagon. >> the pentagon has contingency plans for everything including the chemical attack. it's believed according to a u.s. source that syria has put this sarin fast into cannisters that could be dropped from planes. these cannisters are designed to fracture so the devastating nerve gas could escape. but it's not known whether syria intends to use those chemical weapons. we think we have it in aerosol form. the u.s. is making contingency plans in case bashar al-asaad leaves the country suddenly and flees somewhere for asylum
adviser steve ratner and minnesota democratic congressman keith ellison with near glee. there is no real choice about that. we're clear social security is off the table. this is, to me, the much more interesting debate between tom and dan. >> you want republicans arguing. both sides are also battling for control of the debt ceiling which may represent the republicans' greatest point of leverage in these budget talks. goo the speaker of the house says that's a nonstarter. >> silliness. congress will never give up the power. i've made it clear to the president. we need cuts in reform greater than the increase in the debt limit. >> bottom line, you've got to put a detailed plan on the table that the white house ends up agreeing to some of it, rejects some of it in the same way the white house is arguably overplaying their hand on taxes. the question is whether you're going to see two full fledged plans be put on the table. republicans for now, including speaker boehner and mitch mcconnell both say, hey, all these plans are familiar to the white house. we shouldn't have to put them on the ta
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